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Business/Company
SK Telecom President Jang Dong-hyun. SK Telecom is giving a helping hand to startups with its advanced ICT technologies.  The “Bravo! Restart” program is the telecom provider’s representative project designed to boost venture companies, thus boosting the creative economy. Forty six teams h…
Vice Chairman Koo Bon-joon of LG Corp. (Photo:LG Corp.) LG Electronics is forecast to achieve the best business performance this year since 2009 when the company posted 2,680.7 billion won, the highest-ever operating profit. LG Electronics announced the 1st quarter results on April 28: It chalked u…
Chairman Park Sam-koo of the Kum Asiana Group. The Kumho Asiana Group chairman’s long-awaited dream to bring back his business empire under his control is likely to be realized, with his reacquisition of Kumho Industrial, the de facto holding firm of the group. He also has been working to regain c…
Chairman Park Sam-koo of the Kumho-Asiana Group, who also leads the Visit Korea Committee dedicated to luring the visitors to the 2018 PyeongChang Winter Olympics in Pyeongchang, Gangwon Province. Kumho Asiana Group chairman Park Sam-koo was elected as the head of the Visit Korea Committee at a boa…
Chairman Chung Mong-koo,2nd R, guides the U.S. congressional delegation through a Hyundai Motor plant near Seoul, where some of the delegation members test drove EQ900, a luxury sedan of Hyundai Motor on March 28. (Photo: Hyundai Motor) Chairman Chung Mong-koo of Hyundai Motor Group told a group of…
SK Group Chairman Chey Tae-won (Photos:SK Group)SK Innovation,the nation’s biggest energy company, which redoubled its EV battery production capacity last July, is working on another expansion initiative. The current project, aimed to increase the capacity to 40,000 units, a 30 percent increase fro…
Lotte Group Chairman Shin Dong-bin.(Photos: Lotte Group)Lotte Group President Hwang Gak-kyu, a member of the board of Lotte Confectionery.Lotte Confectionery President Kim Yong-soo, reinstated as a member of the board.Lotte founder and Chairman Shin Kyuk-ho resigned from the board of directors of Lo…
The T-50 aircraft, the homegrown supersonic advanced trainer, built by KAI. (Photos:KAI) Korea Aerospace Industries (KAI) has posted its best-ever financial results in the two most recent years. The company raked up 2.901 trillion won in sales last year, a 25.3 percent jump from 2.314 trillion won …
Chairman Lee Jay-hyun of CJ Group.(Photos:CJ Group)CJ Cheil Jedang announced on March 1 the opening of its R&D Center for research on foods in Fullerton, California, the U.S., to speed up the expansion of the sale of K-foods in that country and around the world.The opening of the food research c…
New Chairman Park Jeong-won of Doosan Group, who took over the top management of one of the oldest business groups in Korea as the first 4th generation of the Park family.(Photo: Doosan Group) Doosan Group named Chairman Park Jeong-won, 54, to take over from former Chairman Park Yong-maan, who resi…
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Policy/Politics
Minister Hwang Jong-woo of the Ministry of Oceans and Fisheries (MOF), Vice Mayor Hwang Ki-yeon of Jeonnam-Gwangju Special Metropolitan City, and Gwangyang Mayor Park Sung-hyun and President Choi Kwan-ho of Yeosu Gwangyang Port Authority participate …
On Aug. 29, the government’s KDRT boards a helicopter for a search operation at a helipad of Kathmandu Airport, Nepal. (Photo: Ministry of Foreign Affairs)At 8:37 AM on Aug. 26, 2026, a massive glacier collapse occurred near the border between Nepal…
KBIZ Standing Vice Chmn. Oh Ki-ung, ISPF Chmn. Ahn Kyung-duk and President Lee Byung-hee of Korea Labor Research Institute pose for a photo as they attended a policy debate on eliminating of industry safety gap among large-sized companies and SMEs at…
President Byeon Jae-young of Ulsan Port Authority (UPA) signs a tripartite MOU with Royal Wagenborg and Korea Overseas Business Corp. to invigorate arctic shipping routes at BPA president’s office on Aug. 4.Ulsan Port Authority (UPA) said on Aug. 20…


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